Repsol SA let a $10 million contract to Cie. Generale de Geophysique to acquire 1,000 line km of 2D seismic data on mountainous blocks 34 and 35 in the Ucayali basin (see map, OGJ, July 6, 1998, p. 84). Heliportable equipment will be used.
A hypothetical scenario of petroleum industry activities adjacent to the 1002 Area of the Artic National Wildlife Refuge (ANWR) suggests that development from leases under State of Alaska jurisdiction could drain reservoirs that extend under ANWR.
Venezuela, Mexico, and Saudi Arabia are protesting allegations levied against them and Iraq that the oil exporters dumped cheap crude oil supplies on the U.S. market, ostensibly resulting in U.S. oil producers being driven out of business.
Ruhr Oel GmbH, a joint venture of Veba Oel AG and Petroleos de Venezuela SA, signed a letter of intent to license Neste Engineering Oy`s Nexethers etherification process for Ruhr`s Gelsen- kirchen, Germany, refinery. Ruhr aims to produce 160,000 tons/year of mixed gasoline ethers beginning in 2001 as part of a program to improve gasoline quality to meet upcoming European Union fuel specifications. Neste Engineering, a unit of Finland`s Fortum Oil & Gas Oy, says the process is cost-effecti
The royal commission set up to investigate last year's explosion and fire at the Longford gas processing facilities in southeastern Victoria state has laid the bulk of the blame squarely at the door of plant operator Esso Australia Ltd.